Alibaba Group CEO Eddie Wu to take over company's e-commerce unit

Trudy Dai replaced as group faces fierce competition in two key segments

20231220 Eddie Wu and Trudy Dai

Eddie Wu, left, will replace Trudy Dai as CEO of Alibaba's e-commerce unit. Both Wu and Dai helped found Alibaba. (Source photos by Getty Images and screenshot from Alibaba's website) 

CISSY ZHOU, Nikkei staff writer

HONG KONG -- Alibaba Group is undertaking another management reshuffle as its core businesses face increasingly intense competition, with Trudy Dai stepping down as CEO of e-commerce unit Taobao Tmall Commerce Group, the company's biggest source of revenue.

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